Greater Eastover Foundation Inc
- Assets
- $264.2k
- Revenue
- $221.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 01/2010
- Data as of
- 12/2022
- EIN
- 27-0971037
Organization Overview
Greater Eastover Foundation Inc is located in Jackson, MS. The organization was established in 2010. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Eastover Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Greater Eastover Foundation Inc generated $221.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $346.7k during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BENEFIT THE GENERAL PUBLIC BY COMBATING URBAN BLIGHT WHICH RESULTS FROM SUBURBAN SPRAWL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFETY AND BEAUTIFICATION:THE FOUNDATION HAS A MULTI-PHASE PLAN TO IMPROVE THE APPEARANCE OF THE COMMUNITY'S ENTRANCES, INTERSECTIONS, AND COMMON AREAS. THIS YEAR, THE FOUNDATION INSTALLED PUBLIC ACCESS GATES IN FIVE LOCATIONS TO CALM TRAFFIC AND CREATE A SAFER COMMUNITY FOR RESIDENTS. THE DESIGN OF THE GATES IS CONSISTENT WITH THE DECORATIVE IRON RAILINGS AND BRICKWORK PREVIOUSLY INSTALLED AT COMMUNITY BRIDGES AND ENTRANCES. LIGHTING, DECORATIVE SIGNAGE, IRRIGATION AND EXTENSIVE LANDSCAPING WERE ALSO INSTALLED. THE FOUNDATION INSTALLED ADDITIONAL LANDSCAPING AT MULTIPLE LOCATIONS AROUND THE EASTOVER NEIGHBORHOOD AND REPLACED WORN AND DAMAGED SIGNAGE THROUGHOUT THE AREA.
COMMUNITY OUTREACH:SAFE, HEALTHY, SUCCESSFUL COMMUNITIES ARE ONES IN WHICH NEIGHBORS KNOW AND LOOK OUT FOR EACH OTHER. THE FOUNDATION BELIEVES IN STRENGTHENING THE COMMUNITY BY PROVIDING OPPORTUNITIES FOR PEOPLE TO CONNECT WITH ONE ANOTHER. THE FOUNDATION HAS AN ONGOING PARTNERSHIP WITH CASEY ELEMENTARY, A LOCAL NEIGHBORHOOD SCHOOL, TO SUPPORT THEIR PROGRAMS AND OTHER NEEDS. THE FOUNDATION WAS ABLE TO SPONSOR SOME SCHOOL EVENTS AND COMPLETE SOME IMPROVEMENTS TO THE FRONT AREA OF THE SCHOOL, INCLUDING PAINTING, NEW DOWNSPOUTS, AND NEW SIGNAGE. THE FOUNDATION ALSO SPONSORED THE ANNUAL HALLOWEEN BLOCK PARTY WHICH BRINGS HUNDREDS OF NEIGHBORS FROM THE EASTOVER NEIGHBORHOOD AND SURROUNDING NEIGHBORHOODS TOGETHER, GIVING THEM AN OPPORTUNITY TO CONNECT WITH ONE ANOTHER.
COMMUNICATION:VITAL TO THE SUCCESS OF ANY ORGANIZATION IS THE ABILITY TO COMMUNICATE EFFECTIVELY. IN ADDITION TO THE NUMEROUS PRINT COMMUNICATIONS THAT THE FOUNDATION SENDS OUT TO AREA RESIDENTS, A NEW AND IMPROVED WEBSITE WAS CREATED TO FURTHER ENHANCE COMMUNICATION EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Pearson Chairman | OfficerTrustee | 1 | $0 |
Meredith Vandevender Secretary | OfficerTrustee | 1 | $0 |
John Howie Treasurer | OfficerTrustee | 2 | $0 |
Kappie Craddock Director | Trustee | 1 | $0 |
Chesley James Director | Trustee | 1 | $0 |
Patrick Lampton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,096 |
| Total Program Service Revenue | $0 |
| Investment income | $79 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $221,175 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,210 |
| Advertising and promotion | $0 |
| Office expenses | $4,896 |
| Information technology | $493 |
| Royalties | $0 |
| Occupancy | $690 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $292 |
| Interest | $2,683 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $411 |
| Insurance | $2,704 |
| All other expenses | $0 |
| Total functional expenses | $346,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,681 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,060 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,088 |
| Total assets | $264,153 |
| Accounts payable and accrued expenses | $65 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $146,468 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $146,533 |
| Net assets without donor restrictions | $117,620 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $264,153 |